Magic Leap Layoffs

Industry Consumer · Location Miami · United States · Subscribe (RSS)

Layoff rounds

1,083

Employees laid off

Series E

Funding stage

$2.6B

Total raised

Magic Leap has 3 publicly reported layoff rounds on record between April 22, 2020 and July 19, 2024. A total of about 1,083 employees were affected across these rounds.

Layoff history

July 19, 2024

Magic Leap cut 75 employees

75 laid off Location Miami

Magic Leap disclosed a workforce reduction affecting its Miami operations in July 19, 2024. Approximately 75 roles were eliminated.

Source: bloomberg.com

April 22, 2020

Magic Leap cut 1,000 employees (50% of staff)

1,000 laid off 50% of workforce Location Miami

Magic Leap disclosed a workforce reduction affecting its Miami operations in April 22, 2020. Approximately 1,000 roles were eliminated.

Source: layoffs.fyi

April 22, 2020WARN notice

Magic Leap cut 8 employees

8 laid off Location McKinney, TX Effective June 21, 2020 Facility Magic Leap, LLc

Magic Leap disclosed a workforce reduction affecting its McKinney, TX operations in April 22, 2020. Approximately 8 roles were eliminated.

Data for Magic Leap is compiled from public WARN Act filings and reporting linked above. See our methodology.